【$ETH Signal】Long | Healthy Consolidation After Breakout with Volume

After completing a volume breakout on the 4H timeframe, the price is consolidating tightly around the previous high area. This is a typical healthy reset after a breakout, not a top-selling pressure.

🎯Direction: Long

🎯Entry: 2030 - 2035

🛑Stop Loss: 1969 $ETH Rigid stop loss, below the low of the last 4H bullish candle(

🚀Target 1: 2150

🚀Target 2: 2250

Hardcore Logic: After breaking through the key psychological level of 2000, the price did not experience a significant pullback but instead formed a narrow range consolidation at a high level. The 4H candlestick shows that the breakout was accompanied by a significant increase in open interest (OI) and trading volume, which is a clear signal of main capital inflow rather than short sellers stepping on each other. Currently, the funding rate is only 0.0006%, indicating healthy market sentiment with no excessive leverage bubbles. The order book depth shows dense buy support around 2035. Price action (PA) indicates that selling pressure has been effectively absorbed, and lower timeframe pullbacks are supported by buying interest, maintaining an upward structure. The probability advantage lies in the first pullback after the breakout confirmation.

Trade here 👇 )
---

Follow me: Get more real-time analysis and insights on the crypto market!

‍$ETH

#Is the current market bottoming or just waiting?